Recorded live at the New Economics Institute Strategies for a New Economy Conference on June 9, 2012, Marketplace Economy 4.0 Special Correspondent David Brancaccio speaks about the role of media in building the New Economy. "Let's think about the future of the economy and how it might better serve more people," Brancaccio says. "So the same guy, me, who when I'm anchoring the Marketplace Morning Report is compelled to do the latest Gross Domestic Product figures, I'll also sometimes bring in alternative measures of our livelihoods, of our success, not necessarily just economic growth, so that we can have a discussion using some of these New Economy measures as part of the discussion of how the world works, of how the economy works."
In speaking about Fixing the Future, the documentary on the New Economy Movement that he recently produced, Brancaccio spotlights the work of BALLE, the Business Alliance for Local Living Economies, which contrasts the emerging "relationship economy" with the existing "one-night-stand economy." As well, Brancaccio highlights a "time banking" system in Portland, Maine for swapping skills and services that he calls a "social capital generation device that forges relationships."
"People think the economy is the way it is, the way the Grand Canyon just is, but the economy isn't that way: we can make it what we want," Brancaccio concludes. "The question is, what do we want out of the economy? And I think it's about lifting up the livelihoods of more people rather than fewer people."
Visit the Strategies for a New Economy Conference webpage for more information, including videos, resources, and a Storify timeline of tweets from the conference: http://neweconomicsinstitute.org/conference
In speaking about Fixing the Future, the documentary on the New Economy Movement that he recently produced, Brancaccio spotlights the work of BALLE, the Business Alliance for Local Living Economies, which contrasts the emerging "relationship economy" with the existing "one-night-stand economy." As well, Brancaccio highlights a "time banking" system in Portland, Maine for swapping skills and services that he calls a "social capital generation device that forges relationships."
"People think the economy is the way it is, the way the Grand Canyon just is, but the economy isn't that way: we can make it what we want," Brancaccio concludes. "The question is, what do we want out of the economy? And I think it's about lifting up the livelihoods of more people rather than fewer people."
Visit the Strategies for a New Economy Conference webpage for more information, including videos, resources, and a Storify timeline of tweets from the conference: http://neweconomicsinstitute.org/conference
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